2024 Standard Deduction Over 65 Married Joint. For taxable years beginning in 2024, the standard deduction amount under § 63(c)(5) for an individual who may be claimed as a dependent by another taxpayer. Standard deduction consider this the amount of income you can earn tax free.
For taxable years beginning in 2024, the standard deduction amount under § 63(c)(5) for an individual who may be claimed as a dependent by another taxpayer. Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and.